Market & Industry
Li Auto, Hesai Technology form LiDAR solution-based cooperation
Li Auto, Hesai Technology form LiDAR solution-based cooperation

On July 9, Shanghai-based LiDAR manufacturer Hesai Technology (Hesai) and Chinese EV startup Li Auto forged a partnership for a series of projects based on Hesai's latest-generation automotive-grade hybrid solid-state LiDAR solution.

Jul. 9 , 2021
Changan Auto boasts 44.51% hike in first-half 2021 sales
Changan Auto boasts 44.51% hike in first-half 2021 sales

Chongqing Changan Automobile Co., Ltd. sold 1,200,847 new vehicles in the first half of 2021, representing a 44.51% hike year over year, the company announced on July 9.

Jul. 9 , 2021
China auto sales down 12.4% in June
China auto sales down 12.4% in June

China auto production and sales reached 1.943 million and 2.015 million vehicles in June 2021, down 16.5% and 12.4% respectively from a year earlier, according to the China Association of Automobile Manufacturers (CAAM).

Jul. 9 , 2021
China has 292 million cars by mid-2021
China has 292 million cars by mid-2021

China’s motor vehicle parc amounted to roughly 384 million units by the end of June 2021, 292 million units of which were automobiles, according to China’s Ministry of Public Security (MPS).

Jul. 7 , 2021
Challenges, opportunities for today’s Chinese auto export business
Challenges, opportunities for today’s Chinese auto export business

There are many opportunities juxtaposed with challenges for China’s auto exports

Jul. 7 , 2021
XPeng Inc. rings opening bell on HKEX
XPeng Inc. rings opening bell on HKEX

XPeng Inc.'s stock began trading on the Hong Kong Exchanges and Clearing (HKEX) on July 7, under the stock code "9868".

Jul. 7 , 2021